Gold and Silver Still In Weekly Downtrend Margins

I’ve just checked the weekly charts for gold and silver. Both metals seem to be contained within a downtrend chart line when viewed on the weekly basis chart.

The daily chart downtrend was broken for gold when 1690- 1700 area was breached to the upside.

The daily chart downtrend for silver was breached to the upside when silver surpassed 30 dollars per ounce.

Here are links to the daily and weekly charts for gold and silver.

I hope the above currency trading information was of help to you.

Anthony DiChi at TradeCurrencyNow,
America’s Forex News and currency information source.